OECD Updated Jurisdictions “Black List”

Recently the OECD has issued the amended version of the list of jurisdictions that assumed a liability to introduce the international tax standards, but did not substantially implement them yet.

At present this list also known as “black list” includes only Nauru and Niue. Last week Guatemala signed the convention of administrative assistance on tax matters, which provided it with the opportunity to be excluded from that list. Now there are only two jurisdictions among outsiders who have not confirmed still their willingness to exchange tax information.